Core Insights - The Guoshou Anbao Quality Consumption Stock Fund A and C performed poorly in July, ranking at the bottom of the stock fund performance list with returns of -6.66% and -6.63% respectively [1] - Since their inception on December 7, 2023, both funds have seen significant declines in cumulative returns, with Fund A down 14.84% and Fund C down 15.33% as of August 1, 2025 [1][2] - The fund manager, Wang Yunhan, has underperformed compared to the average returns of similar funds, indicating challenges in fund management [3][4] Performance Summary - Fund A (020140) has a unit net value of 0.8516, with a year-to-date decline of 4.01% and a cumulative return of -14.84% since inception [2][4] - Fund C (020141) has a unit net value of 0.8467, with a year-to-date decline of 4.27% and a cumulative return of -15.33% since inception [2][4] - Both funds have shown negative performance over various time frames, including a 1-month decline of approximately -8% and a 1-year decline of around -2% [2] Holdings Overview - The top ten holdings of the Guoshou Anbao Quality Consumption Stock Fund include companies such as Pop Mart, Tencent, Alibaba, and Dongpeng Beverage, indicating a focus on consumer-oriented sectors [2]